Lingrid

Lingrid | AUDCHF short from the RESISTANCE zone

Short
FX:AUDCHF   Dollar australien/Franc suisse
The price perfectly fulfilled my last idea. It hit the target. AUDCHF is in the downward channel, and now the price is updating the swing lows. It's heading towards the resistance zone and upper channel border after testing the support. I look for a test of the support and more downward moves because the trend on the daily timeframes is bearish. I expect a fake breakout of the range zone to grab liquidity above, then continue trending downward. My goal is the support level at 0.56780


Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩‍💻

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